Below is an article from TelecomWeb.com posted on August 25th:
Zayo Notches Another Acquisition
The fast-growing Zayo Group has bagged yet another business bandwidth provider – number nine in just one year – with a deal to buy privately held Spokane, Wash.-based Columbia Fiber Solutions (CFS).
Terms of the acquisition of Columbia, which provides leased dark fiber services and fiber-based Ethernet services over a transparent LAN (TLS) infrastructure in the Inland Northwest, were not disclosed. However Columbia appears to be a relatively modest acquisition compared to some of the others that Zayo has made over the past 12 months. The CFS network yields Zayo an additional 320 route miles of fiber and more than 350 on-net buildings in the Spokane-Coeur d’Alene metro area, the second largest population center in Washington. That compares to acquisitions that have included: Onvoy, with a 1,400-mile fiber network serving Minnesota; Indiana Fiber Works, with a 2,200 fiber-route-mile network serving Indiana; and PPL Telcom, with a 4,600 fiber-route-mile network based in Allentown, Pa.
Columbia brings Zayo’s total to 19,000 miles of fiber, in 125 markets spread across 20 states, with more than 1,600 on-net buildings.
Zayo had already been operating in part of the area served by Columbia, noted COO John Scarano. “The CFS network compliments our existing metro and regional network in the Northwest by increasing the density of our coverage in the Spokane-Coeur d’Alene metro area,” said Scarano. “Zayo has long-standing relationships in place with many of CFS’ customers and will be even better positioned to meet the growing bandwidth needs of these and other carriers and enterprises in the Pacific Northwest.”
Zayo’s plans, he said, include adding Zayo’s Private Line and IP suite of services to CFS’ existing offerings, which include dark fiber, Ethernet and Transparent LAN Service (TLS). The TLS network connects to key carrier locations, colleges, data centers, hospitals and large enterprises in the region, the company said.
Zayo first emerged on the scene last year, put together by a pair of veterans of the founding team of Level 3 – Scarano and Zayo President and CEO Dan Caruso, who had left and were looking for a new challenge. Flush with venture-capital cash from investors, including some who had reaped a fortune from backing the pair in earlier ventures, Zayo by Fall 2007 had bought its first two companies (TelecomWeb broadband, Sept. 7, 2007) and launched its scheme to build a nationwide bandwidth provider specializing in underserved markets and smaller communities.
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